Middle East and North Africa

Middle East and North Africa

GCC Banks and Regulators See New Opportunities in Mergers

Once a taboo in the GCC bank boardrooms, the option of a merger has become more acceptable, thanks to the recent successful mergers of...

SRC Establishes Sukuk Program

Saudi Real Estate Refinance Company (SRC) announced today that it has established an Islamic Sukuk programme allowing issuances of up to SAR 11 billion....

What Startups in UAE Should Expect in 2019

The UAE's startup industry has come a long way and now evolved into a strong diversified ecosystem in the Mena region as investments pour...

KFH-Bahrain Announces ‘Libshara’ November 2018 Winners

Kuwait Finance House – Bahrain (KFH-Bahrain) announced the ‘Libshara’ winners for November 2018 draw held at its headquarters located in the Bahrain World Trade...

Islamic Finance Hubs in GCC, Southeast Asia Come Closer

The fast growing global Islamic economy, estimated at a current value of $6.4tn, has become a main driver for Islamic finance institutions and other...

IFSB and SESRIC Sign New Agreement

The Secretary-General of the Islamic Financial Services Board (IFSB) Dr Bello Lawal Danbatta and the Director General of Statistical, Economic and Social Research and...